15833. Field, Lindley, Weichers & Co. (New York, NY)

Bank Information

Episode Type
Suspension → Closure
Bank Type
private
Start Date
November 27, 1891
Location
New York, New York (40.714, -74.006)

Metadata

Model
gpt-5-mini
Short Digest
16814c63

Response Measures

None

Description

The firm (bankers and brokers) made a voluntary assignment (bankruptcy) to an assignee on Nov 27, 1891. Newspapers report an assignment/ failure rather than a depositor run; no reopening is described. Cause tied to large speculative losses (corn corner, bond operations) and the senior partner's incapacitation, so classified as bank-specific adverse information. Assignee named Charles W. Gould; this is effectively a permanent closure/receivership event.

Events (2)

1. November 27, 1891 Receivership
Newspaper Excerpt
assigned to Charles W. Gould without preferences. The assignment was made for this reason: Edward M. Field ... has apparently gone distracted ... The failure is attributed to the advance in corn here and at Chicago. (assignee quoted).
Source
newspapers
2. November 27, 1891 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Voluntary assignment due to heavy losses from corn speculation (forced to cover 500,000 bushels), possible rehypothecation of securities, and the senior partner's mental incapacity which prevented management of funds.
Newspaper Excerpt
Field, Lindley, Weichers & Co., bankers and brokers, assigned to-day to Charles W. Gould without preferences.
Source
newspapers

Newspaper Articles (11)

Article from The Times, November 28, 1891

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RISING CORN RUINED THEM. Field, Lindley, Weichers & Co., Bankers and Brokers, Assign. GRAIN MARKETS SLIGHTLY AFFECTED. The Assignee Says the Failure is Due Princi. pally to the Fact That Mr. Field Has Lost His Reason. NEW YORK, Nov. 27.-Edward M. Field, Daniel A. Lindley. John Frederick Weichers and Herman C. Hilmers, composing the firm of Field, Lindley, Weichers & Co., bankers and brokers at No. 1 Broadway, assigned to. day to Charles W. Gould without preference. The failure was announced in the produce exchange at noon, but the grain markets were only slightly affected. The house was an old one, but latterly has been somewhat restricted in its dealings. The failure is attributed to the advance in corn here and at Chicago. They had been protecting some large lines of corn from the S. V. White deal and had been on the short side of the November market and a few days ago had to cover 500,000 bushels. Their operations were mainly in Chicago, but to some extent here. Other articles have gone against them. it is said, especially coffee, while they had some dealings as well in Wall street. Just how much of an amount the firms finds itself unable to pay is not as yet clear. The grain markets were only slightly affected by the failure. The head of the firm 18 a son of Cyrus W. Field. WHAT THE ASSIGNEE SAYS. Assignee Gould, when seen at the firm's office this afternoon said: "The assignment was made for this reason: Edward M. Field, the senior member of the firm, has apparently gone distracted. His illness resemble incipient paresis, and is due to overwork and the great responsibility resting upon him as the manager of the finances of the firm. His mother died last Monday, and this event seemed to bring to a climax his mental trouble which some of his friends had detected two years ago. A physician told me a few days ago that Mr. Field WAS not right in his mind. 'Mr. Field having the sole management of the funds of the firm, it at once became necessary to get from him their condition. So I went. in company with other members of the firm. to his residence and tried to find out how things stood. We failed, however, to obtain from him any light on the situation, as his mind would continually stray away from the subject. We had undertaken a hopeless task. The assignment then became imperative in order to protect the firm and its customers. cannot say how the firm stands. [ have directed the clerks to submit to me all balances as quickly as obtained, but the work is necessarily slow. I hope that the assets will exceed the liabilities, but just now I cannot say. EXPECTED ON THE STOCK EXCHANGE. Before the formal announcement of the suspension was made the traders of the floor of the Stock Exchange knew that it was coming, and they sold stocks freely in expectation that the failure of the firm would be followed by a break in prices. When the announcement was made from the rostrum a decline of about 1 per cent. occurred, but it was soon seen that the firm was short of m re stocks than it was long. and large amounts of stock had to be bought in for it under the rule to cover the short contracts. The firm is generally believed to have been hurt by the corner in November corn of which their principal customers are said to have been short and what was called the Washington building bear clique. This clique was for some time active on the near side of the market. and is believed to have lost large sums in endeavoring to break Burlington, Lackawanna and other stocks. On August 1st the credit of the firm was rated at $750,000 to $1,000,000. For some time after the suspension was announced the stock market was stagnant, all business being practically neglected on the floor. the brokers being too interested in the closing out of the first contracts to make any new deals.


Article from The Roanoke Times, November 28, 1891

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NEW YORK, Nov. 27.-[Special]-Edward.M. Field, Daniel A. Lindley, John Frederick Weichers and Herman C. Hilmers, composing the firm of Field, Lindley, Weichers & Co., bankers and brokers, at No. 1 Broadway, assigned to-day to Chas. W. Gould without preferences. The failure was announced on the produce exchange at noon, but the grain markets were only slightly effected. The house is an old one but lately has been somewhat restricted in its dealings. The failure is attributed to the advance in corn here and at Chicago. They had been protecting some large lines of corn from the S. W. White deal and had been on the short side of the November market, and a few days ago had t cover 500,000 bushels. Their operations were mainly in Chicago, but to some extent here. Other articles have gone against them, it is said, especially coffee, while they had some dealings as well in Wall street. Just how much of the amount the firm finds itself unable to pay is not as yet clear. The grain markets were only slightly affected by the failure. The head of the firm is a son of Cyrus W. Field Assignee Gould this afternoon said: "The assignment was made for this reason: Edward M. Field, the senior member of the firm, has apparently gone distracted. His illness resembles incipient paresis and is due to overwork and the great responsibility resting upon him as the manager of the finances of the firm. Ilis mother died last Monday, and this event seemed to bring about the climax of his mental trouble, which some of his friends had detected two years ago. His physician told me a few days ago that Field was not right in his mind. "Field having sole management of the funds of the firm, it at once became necessary to get from him their condition. So I went in company with the other members of the firm to his residence and tried to find out how things stood. We failed, however, to obtain from him any light on the situation, as his mind would continually stray from the subject. We Lad undertaken a hopeless task and the assignment then became imperative in order to protect the firm and its customers." Neither the assignee nor any member of the firm, so far heard from, could give any statement of the firm's condition. The firm was successor to the old house of Field, Lindley & Co., and was formed when Cyrus W. Field retired last April. There were rumors afloat that a large amount of securities had been rehypothecated by the firm, one statement asserting that this had been done with $600,000 of the securities pledged by the Union Pacific Company. Watson Bros., who received $110,000 in Denver and Gulf bonds, sold securities in open market after the failure was announced, which are claimed to have been among the securities rehypothecated and an injunction was prepared to-night, which will probably be served to-morrow, enjoining the delivery of the bonds. The loan is not yet due. but Drexel, Morgan & Co. are understood to have offered to take up the bonds, but the firm would not turn them over.


Article from The Morning Call, November 28, 1891

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A RISE IN CORN. Brings Disaster to a New York Banking Firm. The Senior Member of the Company Has Gone Insane. Their Indebtedness Variously Estimated at From $1,000,000 to $1,500,000-Hu by the Corner in November. Epecial to THE MORNING CALL NEW YORK, Nov. 27.-Edwin M. Field, Daniel L. Lindley, John Frederick Weichers and Herman C. Helmus, composing the firm of Field, Lindley, Weichers & Co. bankers and brokers, made an assignment to-day, without preferences. The failure was announced on the Produce Exchange at noon, but the grain market was only slightly affected. The house is an old one, but latterly has been somew hat restricted in its dealings. The failure is attributed to the rise in corn at New York and Chicago It had been protecting some large lines of corn from the B. V. W hite deal, and had been on the short side of the November market, and few days ago had to cover 500,000 bushels. Their operations were mainly in Chicago, but to some extent here. Other articles have gone against them, it is said, and especially coffee, while they had some how dealings as well in Wall street. Just much of the amount the firm finds itself un able to pay is not yet clear. The head of the firm is son of Cyrus W. Field. OF UNSOU ND MIND Assignee Gould, when seen at the firm's office this afternoon, said: The assignment is made for this reason: Edward M Field, the senior member of the firm. has apparent gone distracted. His illness resembles ipient paresis and is due to overthe and resting great him as the manager of the finances of the firm. His mother died last Monday, and of his seemed to bring to climax friends some mental which The Field not that was right manage the having sole of firm the to get from him their company to the firm his tind out how things stood. obtain him from failed, any as his mind situation, away the from subject. stray undertaken in became imperative, order and customers I canthe firm stands. MONEY the exceed liabilinow cannot say. Much has been used for the in which motion they enterprises and which promised great money, cured beyond perad The firm did banking and broker the the floors and Stock, Coffee This wholly which and is Lot in any way that erything firm The the end. ally have been hurt by the which November ner corn, their said to have been short. credit the firm rated at $750,PACIFIC SECU For time after the suspension the stock market was stagnant, business being practically neglected the brokers being too interested to firm's the in closing contract make Sidney Ditton, President of the Pacific Company ex-Judge John the company, office Dodge kholder, are the Lindley, Weichers tell the up and condiUnion Pac These the and fear they have been Judge Dillon spoke freely about the of the firm. He said the and that the firm discounted paper for various houses, and in main received securities. The all-im portant question is as to the condition of their securities. RUMORED INDEBTEDNESS. Judge Dillon is unable to learn to-night the made of the Union Pacific It is believed the paper amounts about $600,000. Later reported that the securities were sold to-day on the Stock Exchange and that the road would injunction to prevent their delivNumerous rumors are afloat placing indebtedness all the from $1,000,000 to $1,500,000, but statement could be secured through the office of the firm. One of the partners denies that corn had anything special o with the difficulty, and says that their matters are disarranged, and they do not know how they stand, idering which the firm thought it best to send out notice of their inability to meet obligations On the other hand. prominent operators in the corn trade they know the firm had hard time ting through their in thatstaple, that they sold cash corn some little tent as left over by the White failure, and unable to buy it back for deliveries month. It is also reported that the some losses through bond operations street At the ffee Exchange the firm was interested to the extent from 5000 to 15,000 bags. Assignee Gould visited Edward M. and Cyrus W. Field this evening. Neither the Fields could seen by reporters. Cyrus W Field very critical condition l'he loss his son's failure, and the lapse of this mental faculties, has made him so low he not recover. THE CORN DEAL CHICAGO Nov he corner in November ecrn still on, but it attracts very little attention in comparison with what the wide fluctuations in that future would indicate There is scarcely transacti per hour, and in the meantime the market liable to fluctuate several cents. At the opening one sale was made 80c an advance of over the closing price of Wednesday. That was the only sale at that figure, and prices straightw were offered down to 76c with out any further business resulting The corner is natural one, owing to the shortstock contracts corn, new and old. No one would be surprised see the price & to $1 Field, Lindley, Wetchers Co. dealt here exclusively through commis sion houses. The news of the failure did not seriously affect prices in this market Corn went down about 1/2 cent, though did not appear there were any sales for their account. W heat declined 3/8 of cent, momentarily, but soon reco vered the loss and more Their business in Chicag go since last spring has been limited, and of late commission In houses call ed thein sharply for margins. fact, some houses recently dec lined commis sion from the firm. As far as learned, there


Article from The Seattle Post-Intelligencer, November 28, 1891

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A GREAT FIRM FAILS. Field, Lindley & Co., New York Brokers, Assign. LIABILITIES A MILLION, MAYBE. Cyrus W. Field, Father of the Senior Member of the Firm, in Critical Condition as a Result. NEW YORK, Nov. 27.-Edwin M. Field, John Lindley, Frederick Weichers and Herman C. Helmus, composing the firm of Field, Lindley, Weichers & Co., bankers and brokers, assigned today without preference. The failure was announced on the produce exchange at noon, but the grain market was only slightly affected. The house is an old one, but lately had been somewhat restricted in its dealings. The failure is attributed to the rise in corn in New York and Chicago. It had been protecting some large lines of corn from the S. V. White deal, had been on the short side of the November market, and a few days ago had to cover 500,000 bushels. Their operations were mainly in Chicago, but to some extent here. Other articles against them, it is said, especially coffee. White had some dealings as well in Wall street. Just how much of the amount the firm finds itself unable to pay is not yet clear. The grain market was only slightly affected by the failure. The head of the firm is a son of Cyrus W. Field. Assignee Gould, when seen at the firm's office this afternoon, said: The assignment is made for this reason: Edwin M. Field, the senior member of the firm, has evidently gone distracted. His illness resembles incipient paralysis, and is due to overwork and the great responsibility resting upon him as manager of the finances of the firm. His mother died last Monday, and this event seemed to bring to a climax his mental trouble, which his friends detected two years ago. A physician told me a few days ago that Field was not right in his mind. Field having had the sole management of the funds of the firm, it at once became necessary to get from him their condition, so I went, in company with other members of the firm, to his residence and tried to find out how things stood. We failed, however, to obtain from him any light on the situation, as his mind would continually stray from the subject. We had undertaken a hopeless task. The assignment then became imperative, in order to protect the firm and its customers. I cannot say how the firm stands. I hope the assets will exceed the liabilities, but just now cannot say. Much of the firm's money has been used for the promotion of enterprises in which they were interested, and which promised great results. This money, I am confident, is secured beyond peradventure. The firm did a general banking and brokerage business. and is represented on the floors of the stock, produce and coffee exchanges. This assignment is due wholly to the causes which I have stated, and not in any way to the result of losses caused by speculation. I am of the opinion that everything will come out all right in the end. The firm is generally believed to have been hurt by the corner in November corn, of which their principal customers are said to have been short. On August 1 the credit of the firm is rated at $750,000 to $1,000,000. For some time after the suspension had been announced the stock market was stagnant, all business having been practically neglected, the floor brokers being too interested in closing the firm's contracts to make any new deals. Sydney Dillon, president of the Union Pacific Railway Company, and ex-Judge John F. Dillon, counsel for a company of general large stockholders, were at the office of Field, Lindley, Weichers & Company today, waiting for some one to show up and tell the condition of certain Union Pacific securities held by the firm for loans. These gettlemen have no knowledge as to what is the condition of the securities, and fear they have been hypothecated. Judge Dillon spoke freely about the affairs of Field. He said the creditors were numerous; that the firm discounted paper for various houses, and in the main received securities. The all-important question was as to the condition of their securities. Judge Dillon was unable to learn tonight of the disposition made of the Union Pacific securities. It is believed the paper amounts to about $600,000. Later it was reported that the securities were sold today on the stock exchange and that the road would get out an injunction to prevent their delivery. Numerous rumors are afloat, placing the firm's indebtedness all the way from $100,000 to $1,500,000, but no correct statement could be secured through the office of the firm. One of the partners denies that corn had anything special to do with the difficulty, and says their matters are disarranged and they do not know how they stand, considering which the firm thought best to send out a notice of their inability to meet their obligations. On the other hand prominent operators in the corn trade say they know the firm had a hard time getting through transactions in staples and that they sold cash corn to some extent as left over by the White failure, and were unable to buy it back for deliveries this month. It is also reported that the firm had some losses through bond operations in the street. At the Coffee Exchange it was said the firm was interested to the extent of 5,000 to 15,000 bags. The firm was composed of Edwin M. Field, son of Cyrus W. Field, Daniel A. Lindley, John F. Weichers and Herman Chalmers. Lindley is a son-in-law of Cyrus W. Field. Assignee Gould visited Edwin M. and Cvrus W. Field this


Article from The Salt Lake Herald, November 28, 1891

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A BIG FAILURE. A Voluntary Assignment by Large Operators in Produce. The Firm is Field, Lindley, Wiechers & Co.Union Pacific Securities Involved-Cyrus W. Field Prostrated by His Son's Failure. NEW YORK, Nov. 27.-Edward M. Field Daniel M. Lindley, John Frederick Weich ers and Herman C. Helmus, composing th firm of Field, Lindley, Weichers & Co bankers and brokers, assigned to-day with out preferences. The failure was announced in the pro duce exchange at noon, but the grain wer markets only slightly affected. The hous is an old one, butlately has been somewhs restricted in its dealings. The failure i attributed to the rise in corn in New Yor and Chicago. It has been protecting som large lines of corn from the S. V. Whit deal and had been on the short side of th November market, and a few days ago ha to cover 500,000 bushels. Their operation were mainly in Chicago, but to some exter here. Other articles have gone agains them it is said, especially coffee, while the had some dealings as well in Wall stree Just what amount the firm finds itself un able to pay is not yet clear. The grai markets are only slightly affected by tb failure. The head of the firm is a son o Cyrus W. Field. Assignee Gould when seen at the firm office this afternoon said: "The assign ment was made for this reason: Edwar M. Field, senior member of the firm, ha apparently gone distracted. His illnes resembles incipient paresis, and is due t overwork and the great responsibility res ing upon him as manager of the finances ( the firm His mother died last Monda r and this event seemed to bring the clima of his mental troubles, which some of h friends detected two years ago. His ph: 1 sician told me 8 few days ago Field wa not right in his mind. Field having th sole management of the fund ofs the firm, S at once became necessary to get from hi n their condition, so I went in company with e other members of the firm to his residend d and tried to find out how things stood. W e failed, however, to obtain from him an S light on the situation, as his mind woul n continually stray from the subject. и had undertaken a hopeless task. An a M signment then become imperative in ord to protect the firm and its customer I cannot say how the firm stand I hope the assets will exceed the liabilitie but just now I cannot say. Much of tl firm's money has been used for the prom 0 tion of enterprises in which they invest S and which promised great results. Th S money I am confident is secured beyor peradventure. The firm did a gener y banking and brokerage business and is re W resented on the floors of the stock, produ r and coffee exchanges. This assignment t due wholly to the causes which 1 have de it ignated and is not in any way the result n losses caused by speculation. I am of tl e opinion that everything will come out : right in the end." e The firm is generally believed to ha been hurt by the corner in November cor of which their principal customers are sa to have been short. On August 1 the cred ed of the firm was rated at $750,000 to $1,00 000. For some time after the suspensi be was announced thestock market was sta nant, all business being practically ne er lected on the floor, brokers being too inte ested in closing the firm's contracts make any new deals. Sidney Dillon, president of the Uni 1, Pacific railroad company; ex-Judge Jo y F. Dillon, counsel of the company, a 18 General Dodga, a large stockholder, we at the office of Field, Lindley, Weicher m Co. waiting far some one to show up a d. tell the condition of certain Union Paci securities held by the firm for loans. The H gentlemen have no idea as to what the cc dition of the securities are in and fear th have been hypothecated. Judge Dill spoke freely about the affairs of the fir He said the creditors were numerous a 5, that the firm discounted paper for vario st houses and in the main received securiti The all important question is as to the co dition of their securities. Judge Dillon was unable tolearn to-nig tha disposition made of the Union Paci nunte securities. It is believed the pap ed


Article from St. Paul Daily Globe, November 28, 1891

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Light on the Condition of Firm, but the Assignee is Hopeful. Corn Corner and Losses Bearish Assaults Crippled Them. YORK, Nov. 27.-Edward Field, Lindley, John Frederick WeichHerman C. Helmuth, composing of Field. Lindley, Weichers & bankers and brokers, at No. 1 assigned today to Charles fould, without preferences. The was announced on the produce at noon, but the grain market slightly affected. The house one, but latterly has been somerestricted in its dealings. The it attributed to the advance in and at Chicago. It had been some large lines of corn from V. White deal, and had been on side of the November market. few days ago had to cover 500. 000 The operations were mainly icago, but to some extent here. articles have also gone against it is said, especially coffee, while had some dealings as well in Wall how much the firm finds Itself to pay is not yet clear. The of the firm is a son of Cyrus W. signee Gould, when seen at the office this afternoon. said: The was made for this reason: M. Field, the senior member of has apparently gone distractHis illness resembles incipient and is due to overwork and the responsibility resting upon him manager of the finances of the His mother died last Monday, this event seemed to bring to a climental trouble, which some of had detected two years ago. ysician told me a few days ago that Field was not in his right mind. Field having the sole manageof the funds of the firm, It at once necessary to get from him their So I went, in company with members of the firm, to his resiand tried to find out how things We failed, however, to obtain him any light on the situation, as would continually stray away the subject. We had undertaken task. The assignment then imperative in order to protect and its customers. I cannot say the firm stands. I have directed to submit to me all balances as obtained, but the work is ssarily slow. I hope that the assets exceed the liabilities, but just now not say. The fact that Mr. Field the sole management of the finandepartment renders the work necestedious. The other members of firm know no more than I do at but all hope for the best. such of the firm's money has been for the promotion of an enterprise which they were interested, and promised great results. This 1 am confident, is secured beperadventure. Many of their eusalso hold the securities of this rprise, and they may rest assured they are all right. I must decline at present whether this enteris a financial or commercial one. firm did a general banking and business, and is represented floors of the stock, produce and exchanges. This assignment is wholly to the causes which I have mated, and is not in any way the of losses caused by speculation. of the opinion that everything will out all right in the end." the formal announcement of uspension was made, the traders on of the stock exchange had and they sold stocks freely on expectation that the failure of the would be followed by a break in When the announcement was


Article from The Madison Daily Leader, November 30, 1891

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Brokers Assign. NEW YORK, Nov. 30.-Field, Lindley, Weichers & Co., bankers and brokers, have assigned without preferences. The failure had little effect on the market.


Article from New Ulm Weekly Review, December 2, 1891

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GOES TO THE WALL. A Leading Firm of New York Brokers Embarrassed and Compelled to Assign. The Unsound Mental Condition of the Senior Partner Chiefly Responsible Therefor. NEW YORK. Nov.28.-Edward Field, Daniel Lindley, Frederick Weichers and Herman C. Helmuth. composing the firm of Field, Lindley. Weichers & Co., bankers and brokers at No. 1 Broadway, assigned to-day to Charles W. Gould without preferences. The failure was announced on the produce exchange at noon, but the grain markets were only slightly affected. The house is an old one, but latterly has been somewhat restricted in its dealings. The failure is attributed to the advance in corn here and at Chicago. It had been protecting some large lines of corn from the S. V. White deal, and had been on the short side of the November market, and a few days ago had to cover 500,000 bushels. Their operations were mainly in Chicago, but to some extent here. Other articles have gone against them, it is said, especially coffee. while they had some dealings as well in Wall street. Just how much of the amount the firm is unable to pay is not yet clear. The grain markets were only slightly affected by the failure. The head of the firm is a son of Cyrus W. Field. Assignee Gould, when seen at the firm's office this afternoon, said: The assignment was madefor this reason: Edward M. Field, the senior member of the firm, has apparently gone distracted. His illness resembles incipient paresis. and is due to overwork and the great responsibility resting upon him as the manager of the finances of the firm. His mother died last Monday. and this event seemed to bring to a climax his mental trouble, which someof his friends had detected two years ago. A physician told me a few days ago that Mr. Field was not right in his mind. Mr. Field. having the sole management of the funds of the firm. it at once became necessary to get from him their condition. So I went, in company with other members of the firm, to his residence and tried to find out how things stood. We failed. however. to obtain from him any light on the situation. as his mind would continually stray away from the subject. We had undertaken a hopeless task. The assignment then became imperative in order to protect the firm and its customers. I cannot siy how the firm stands. I have directed the clerks to submit to me all balances as quickly as obtained. but the work is necessarily slow. I hope the assets will exceed the liabilities but inst now T cannot sav. The fact that


Article from Crawford Avalanche, December 3, 1891

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WERE SHORT OF CORN. Failure of Field, Lindley, Weichers & Co. of New York. Field, Lindley, Weichers & Co., bankers and brokers, at New York, assigned without preferences. The assignee is Charles W. Gould. The firm is said to have been short of corn in Chicago, which they carried for Deacon White, who recently failed. and when they sold out their cash corn did not cover the November option. The knowledge that the house was in trouble has been in the possession of a few bankers in Wall street for several days and has had a great deal to do with the stagnation of the market.


Article from The Washburn Leader, December 5, 1891

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CONDENSED NEWS. Interesting Happenings of the Past Week Culled from the Associated Press. The loss at the Tracy fire will foot up to $100,000. Cyrus W. Field IS gaining strength each day. Another earthquake occurs in Washington. A West Virginia man dies at the age of 159 years. Lord Lytton was a firm believer in spiritualism. The Apaches in Arizona are reported to be on the warpath. Company K of Duluth will probably be mustered out. A leading firm of New York brokers is compelled to assign. Beals has concluded to prosecute the kidnappers of his child. A general massacre of foreign residents is apprehended in China. The French are of the opinion that the German emperor is insane. The State University for colored people at New Orleans was burned. Two men in Waterford, Texas, fight a duel over a dog. Both were killed. Contracts are awarded for carrying United States mail on ocean routes. An officer of the Foot guards of England is hanged by infuriated soldiers. Pennsylvania oil production for Nov ember shows a considerable falling off A ukase is under consideration prohibiting the export of horses from Rus sia. M. Berg, leader of the radical party in Denmark, is dead from heart disease. Washington county's share of the World's fair fund is raised in Stillwater. Twenty-five of the oldest conductors on the Milwaukee system were discharged. Ames Wolver, living in a cabin near Wallace, Idaho, was murdered and cremated. An old time miner of Helena named James Gillian was burned to death in his cabin. Rates from the Twin Cities to St. Louis disturb the railroad men of the Northwest. The American Steel Barge Co. will construct two whalebacks for the Canadian Pacific. It is discovered that fifty saloonkeepers in St. Paul are doing business without a license. Govenor Merriam states that Minnesota is for Blain first and for Harrison second choice. The president, secretary and eight employes of the LouisianaState Lottery Co., all give bail. Premier Salisbury, to his surprise, discovers an emissary of the Vatican in his household. James G. Wyman, mayor of Pitts burg, bas been arrested for imbezzling the city's funds. It is rumored in Washington that Commissioner Roosevelt may be removed from office. Red Wing has a new daily paper called The Independent. It is edited by D. H. Tanby. The interior department decides a case involving valuable mineral land in the Duluth district. Bissow, the rape fiend, was sentenced to the penitentiary at Indianapolis for a term of two years. Strenuous efforts are being made by the railroads in South Dakota to raise the wheat blockade. A special meeting of the board of directors of the World's Fair is now in session in Chicago. Ignatious Donnelly makes an alliance speech at Hastings, thus firing the first gunof the campaign. Field, Lindley, Weichers & Co., bankers and brokers, of Broadway, New York, have assigned. Still another banking company at Berlin goes to the wall, and the depositors are in mourning. Americans in Berlin and Vienna observe Thanksgiving Day with appropriote ceremonies. John Roe, a wiper for the Northwestern road at Winona, was crushed to death under an engine. A race war exists at Guerdon, Ark., growing out of the arrest of a negro thief by a white officer. The Business Men's Association, of Minneapolis are hustling after more manufacturing plants. St. Louis wants the democratic national convention and is making a big hustle towards that end. The wives of Sitting Bull make an affidavit which presents the killing of that chief in a new light. The grand jury in St. Paul makes a report on illegal liquor selling, fifty saloonkeepers being guilty. George E. Barr, proprietor of Hotel Warwick, of Springfield, killed his wife and then committed suicide. At Concord, N. H., Issac Sawtelle, awaiting death for killing his brother, Hiram, asked for a new trial, An American bark in Japanese waters has a novel adventure with an earthquake and a submarine volcano. The death of Lord Lytton was caused by syncope of the heart, so say the physicians who made the autopsy.


Article from Courier Democrat, December 10, 1891

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CONDENSED NEWS. Interesting Happenings of the Past Week Culled from the Associated Press. Yale defeats Princeton at foot ball -19 to 0. A synopsis of the Sunday sermons on editorial page. Company K of Duluth will probably be mustered out. A leading firm of New York brokers is compelled to assign. Contracts are awarded for carrying United States mail on ocean routes. One Minneapolis colored man shoots another in a difficulty over a woman. An officer of the Foot guards of Eng. land is hanged by infuriated soldiers. Several shipping disasters were re ported on the lakes at Detroit today. The loss sustained by the fire sufferers at Grand Forks will be about $35,000. Washington county's share of the World's fair fund is raised in Stillwater. Two men were drowned in Lake Michigan yesterday by the capsizing of a yacht. Ames Wolver. living in a cabin near Wallace, Idaho, was murdered and cremated. An old time miner of Helena named James Gillian was burned to death in his cabin. Rates from the Twin Cities to St. Louis disturb the railroad men of the Northwest. The American Steel Barge Co. will construct two whalebacks for the Canadian Pacific. Premier Salisbury, to his surprise, discovers an emissary of the Vatican in his household. James G. Wyman, mayor of Pitts burg, has been arrested for imbezzling the city's funds. It is rumored in Washington that Commissioner Roosevelt may be removed from office. A special meeting of the board of directors of the World's Fair is now in session in Chicago. Field, Lindley, Weichers & Co., bankers and brokers, of Broadway, New York, have assigned. The firemen of Wahpeton celebrate by giving a grand Thanksgiving ball. It was well attended. Still another banking company at Berlin goes to the wall, and the depositors are in mourning Americans in Berlin and Vienna observe Thanksgiving Day with appropriote ceremonies. John Roe, a wiper for the Northwestern road at Winona, was crushed to death under an engine. A race war exists at Guerdon, Ark., growing out of the arrest of a negro thief by a white officer. St. Louis wants the democratic national convention and is making a big hustle towards that end. An American bark in Japanese waters has a novel adventure with an earth quake and a submarine volcano. The death of Lord Lytton was caused by syncope of the heart, SO say the physicians who made the autopsy. Frau Frau makes a wonderful record at Stockton, Cal., of 2.251, beating Bill Birds' world record 3 of a second. At a dance in Cedar Rapids two young Germans became involved in a quarrel. One was hurt seriously. A mass meeting is held in Minneapo lis at which the Twin City convention delegates received unstinted praise. The Irish National League states that the factions in Ireland must stop fight ing if they wish financial assistance. A dispatch from Vermont confirms the report that Gen. Lewis A. Grant, of Minnesota, is to be secretary of war. Manager Frank Bixby of the Grand operahouse gave all the employes of the house a grand Thanksgiving dinner. A Menominee butcher by the name of Ed Munski shot himself with a Win chester rifle. Domestic trouble was the cause. The last bcat of the season left Superior yesterday. This will close the sea son for grain shipments by the lake route. Jacob Steinbauer. one of the boot and shoe firms in the city of Winona, has assigned. Liabilities, $6,000; assets, $4,000. Thieves steal a hack belonging to John Ticem at Minneapolis and after a hard chase the vehicole is found, but the men escape. Minueapolis democrats adopt res lu tions declaring that they will work for St. Paul to secure the democratic convention. Down in "Old Kentuck," at a danoknives and revolvers were freely used. Too much distilled mountain dew was the cause. The insurance companies of the Twin Oitiesare considering the advisatility of advancing the rates of insurance in those two cities. The United States Express Co. has brought suit against the Bank of Hurley for $50,000, the amount that was stolen by Baker and Perrier. A drunken miner at Springfield, O., ties his wife up by her thumbs and otherwise ill treats her. There are threats of lynching. The hardware store of Ames Wolver, of Heron Lake, was burglarized. The crime is supposed to have been committed by residents of that place. The North American Finance Co. filed articles of incorporation with the secretary of state for Minnesota. The